PARCO has won the First Prize for ‘Living the Global Compact Best Practices Sustainability Award 2019’, in the category of national companies and declared a Sustainable Development Goal (SDG) Champion at the business sustainability moot and award ceremony, hosted by the UN Global Compact Network Pakistan.
This is the sixth consecutive time that PARCO has been recognized for its continuous commitment towards the SDGs and the ten principles of the UN Global Compact embedded in the way it conducts business. The award nominees underwent a rigorous and documented process of successive stages of short-listing by multi-disciplinary local and foreign experts, who assessed the performance of companies in each of the four areas of the UN Global Compact, namely Human Rights, Environment, Labor and Transparency.
The UN Global Compact Award not only acknowledges PARCO’s commitment towards strategic and sustainable CSR, but also appreciates its efforts in reporting globally the practical implementation of SDGs through its various CSR projects. Ms. Sharon Dias, General Manager-Corporate Affairs, received the award on PARCO’s behalf at a prestigious ceremony. The Jury appreciated PARCO’s efforts in making important and substantial investments in Society, especially the initiatives pertaining to Community Engagement, Women Empowerment and Employee Care.